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KUALA LUMPUR (Dec 11): The FBM KLCI closed up 30.16 points or 1.82% at 1,684.55 ahead of the afternoon break in Bursa Malaysia today, as news of the progress of Covid vaccines -19 boosted global economic recovery bets among investors.
In Bursa, at 12:30 p.m. M., 6.04 billion securities had been traded for 3.31 billion ringgit.
Meanwhile, Called reported that Bursa ended the morning session on a strong note as the banking heavyweights continued their gains.
Amid a mixed regional trend, the KLCI traded between 1,660.49 and 1,689.77 during the morning trading session.
Bank counters Public Bank Bhd soared RM1.90 to RM22.10, Malayan Banking Bhd (Maybank) pocketed 44 sen to RM8.82, CIMB Group Holdings Bhd gained 13 sen to RM4.41, Hong Leong Bank Bhd rose 60 sen to RM19.50, Hong Leong Financial Group Bhd advanced 68 sen to RM18.68 and RHB Bank Bhd increased 10 sen to RM5.95.
Strong gains from banking heavyweights helped drive the financial services index stronger 773.67 points to 16,092.71.
In the broader market, the winners and losers were nearly equal at 594 versus 597, while 500 accountants were unchanged, 2,137 untraded, and another 19 suspended.
Among heavyweights, Petronas Chemicals Group Bhd (PetChem) rose 20 sen to RM7.86, Tenaga Nasional Bhd (TNB) fell eight sen to RM10.42, Top Glove Corp Bhd lost five sen to RM6.94 and Hartalega Holdings Bhd lost 38 sen at RM13.98.
Among assets, Bumi Armada Bhd increased three sen to 39 sen, Sino Hua-An International Bhd cut 1.5 sen to 13.5 sen, Sapura Energy Bhd added one sen to 13.5 sen, Nexgram Holdings Bhd rose half sen to 5.5 sen and Iris Corp Bhd gained two sen to 38.5 sen.
On the index board, the FBM Emas index was 167.93 points higher to 12,090.8, the FBMT 100 index soared 169.99 points to 11,852.9, the FBM 70 increased 54.77 points to 15,392.6 and the FBM ACE rose 80.18 points to 11,120.09.
The FBM Emas Shariah Index fell 46.47 points to 13,434.52.
Meanwhile, the Industrial Products and Services Index added 0.84 points to 177.22 and the Plantations Index advanced 21.7 points to 7,376.71.
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